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Use the Table for the Question(s)below

question 95

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Use the table for the question(s) below.
Consider the following four bonds that pay annual coupons: Use the table for the question(s) below. Consider the following four bonds that pay annual coupons:   -The amount that the price of bond  D  will change if its yield to maturity increases from 8% (Price<sub>0</sub>) to 9%(Price<sub>1</sub>) is closest to: A) -$36. B) -$39. C) $36. D) $9.
-The amount that the price of bond "D" will change if its yield to maturity increases from 8% (Price0) to 9%(Price1) is closest to:

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Definitions:

Graphically

Representing information or data in a visual format using charts, graphs, maps, or diagrams.

Set of Equations

A collection of equations designed to be solved together, where each equation relates different variables or constants to one another.

Accurate

The quality of being correct or precise, often used in the context of numerical or factual information.

Cent

A monetary unit in various countries, equal to one-hundredth of a base currency.

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